The only exchange for this coin doesn't hasnt accepted new deposits for this coin in a week!
Pointless to mine it now.
I gonna keep mining the coin for weeks, might be months. You should not expect easy money, easy start. If there are such chances, they won't give you extremely high profits. Great opportunities are not automatically allocated to everyone!
Take chances, take advantage of joining in earlier phases, and earn huge profits.
Good luck with your decision, fella.
As a rule of thumb I NEVER mine anything that cannot be traded,This falls in line with buying ICO coins that are valued at a certain price point and rapidly drops the moment it hits open trading on an exchange, every single time.That's just gambling basically and I don't gamble with crypto, I make informed educated approximations.
but lets get back to the blocked creation of addresses on yobit for CLO with active trading occurring right this very moment. At the moment CLO is trading on yobit @ around 0.00007, I can mine like 10 per hour with 200m/h, that works out to about 148.12 dollars a day, Unprecedented profit for those that can actually trade. So why are only a select few allowed to trade? How fucking fishy is that ?
When the flood gates open and EVERYONE can actually trade and the select few who have for some reason been allowed to take part in the mining and trading of this coin behind closed doors are done making their massive gains, people like you who have been mining this for weeks with massive stock piles of CLO, licking their lips at 0.00007 per CLO are gonna offload this coin so hard and the price will plummet until it reaches an average of just below the top spot of profitability that appears on whattomine.So that equals a price of about 0.000007 ? Given the difficulty doesn't fluctuate from what it is now.
So good luck with your decision, fella. I smell a rat from a mile away.Opportunities are not allocated, people create their own opportunities, and those in cahoots with yobit doing this massively profitable private trading certainly created their own opportunites. I feel sorry for the poor shmucks buying at this price, that is if this isn't some elaborate scheme to create a strong mining following for a few months.